After entering Chapter 11 bankruptcy protection and warning of possible liquidation, Big Lots announced it entered an agreement with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers and intellectual...
The Container Store filed for Chapter 11 bankruptcy protection with a lender-backed plan for emerging as a private company, signaling the end of a proposed investment in The Container Store by Beyond, Inc. A source close to the matter told HomePage News The Container...
Although it is exploring an alternative deal that might keep at least some of its stores in operation, Big Lots announced that it does not anticipate completing an asset purchase agreement with Nexus Capital Management and will commence going-out-of-business sales. If...
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
Ollie’s has announced that it will open ten of its off-price stores in Texas, all of which are former 99 Cents Only locations the company acquired. The new Ollie’s stores will operate in the Dallas, Houston, McAllen and San Antonio markets, the company noted. ...
